Emerging Demand for Sustainable Packaging is Driving European Molded Pulp Packaging Market

European molded pulp packaging market is estimated to grow at a CAGR of 3.7% during the forecast period. Emerging demand for sustainable packaging is accelerating the adoption of molded pulp packaging in the region. Stringent environmental regulations has a major impact on molded pulp packaging in the region. In March 2019, the European Parliament approved a new law that aims to ban single-use plastic items including straws, plates, cotton buds sticks, and cutlery. In the EU, the products that will be banned by 2021. Multiple European consumers are aware of the Styrofoam and plastic packaging hazards and thus avoid buying products containing these kinds of packaging. As a result, the manufacturers of food products are increasingly avoiding the utilization of petroleum based, styrofoam, plastics and other packaging. There is no sustainable packaging solution compared to a pulp molded packaging which is produced from 100% recycled paper.

Browse the full report description European Molded Pulp Packaging Market Size, Share & Trends Analysis Report, By Source (Wood and Non-Wood), By Type (Thermoformed, Processed, Thick Wall, and Transfer), By End-Use (Food Packaging, Food Service, Electronics, Healthcare, and Others) and Forecast, 2020-2026 at https://www.omrglobal.com/industry-reports/europe-molded-pulp-packaging-market

Significant eggs consumption is further driving the demand for molded pulp fiber packaging in the region. As per the Department for Environment Food & Rural Affairs, UK, 7.7 million cases of eggs were packed in UK egg packing stations during the second quarter of 2020. Egg cartons is a major instance that is manufactured using strong molded fibers in designs that protect from egg damage. In addition, these packaging are easier to handle during transportation, which in turn, makes it ideal for use in egg packaging. 

Scope of the European Molded Pulp Packaging Market

Market Coverage

• Market number available for 2019-2026
• Base year- 2019
• Forecast period- 2020-2026
• Segment Covered- By Source, Type, and End-Use
• Countries Covered- UK, Germany, France, Spain, Italy, and Rest of Europe
• Competitive Landscape- Brødrene Hartmann A/S, Huhtamaki OYJ, Sonoco Products Co., Heinzel Group, and Novolex (Eco Products Inc.).

Recent Developments in the European Molded Pulp Packaging Market

• In June 2020, PulPac announced world’s first pilot line of dry molded fiber to replace single-use plastics. To accelerate the replacement of single-use plastics across the globe, PulPac licenses the technology to brands and manufacturers establishing their own manufacturing. 
• In January 2020, Heinzel Group declared that it will invest nearly $49.3 million to further widen the pulp manufacturing at its Styrian location in Pöls (Austria). The investment will support the manufacturing of up to 100,000 metric tons of brown (unbleached) pulp by the end of 2021. This pulp can be utilized as the foundation for brown kraft paper, along with the manufacturing of white (NBSK) pulp in the future.

Key questions addressed by the report

• What is the market growth rate?
• Which segment/country dominates the market in the base year?
• Which segment/country will project the fastest growth in the market?
• How COVID-19 impacted the market?

o Recovery Timeline

o Deviation from the pre-COVID forecast

o Most affected region/segment

• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?

European Molded Pulp Packaging Market-Segmentation

By Source

• Wood
• Non-Wood

By Type

• Thermoformed
• Processed
• Thick Wall
• Transfer

By End-Use

• Food Packaging
• Food Service
• Electronics
• Healthcare
• Others

European Molded Pulp Packaging Market– Segment by Country 

• UK
• Germany
• France
• Spain
• Italy
• Rest of Europe